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ABC
Dec 28, 2012 5:30pm EST
: president obama summoned congressional leaders to the white house today hoping for a deal to avoid the fiscal cliff. the power brokers have four days before the government starts slashing military and domestic spending. president obama is pushing for a stop gap measure that with avoid faxes on people earning less than $25,000. on capitol hill frustration is growing. both republicans and democrats sound look they have given up. outside the capitol democrats hauled out a times square ball prop with the emergency, don't drop the ball. >> the republicans refuse to ask those with the most in our society to give a little bit more. >> reporter: a simple stop gap measure is not what many in washington had hoped for. republicans blame president obama for the collapse of a bigger deal that would have cut spending and reduced the country's debt. >> it is the president's responsibility to lay out a plan and to bring people together but it's a total dereliction of duty and a lack of courage to deal with the issues. >> it rests in the hands of the senate. >>> president obama is scheduled to give
ABC
Dec 31, 2012 6:00pm EST
washington. >> reporter: just hours before the midnight deadline to avert the fiscal cliff, president obama said a deal is within sight but not there yet. there are still some issues to be resolved. our most immediate priority is to stop taxes from going up on middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> reporter: senate minority leader mitch mcconnell and joe biden are leading the negotiations. the deal will increase the estate class, extend unemployment benefits and bring back higher clinton tax rates on high incomes. from households earning $20,000 to those earning $450,000 a year. this create lad divide within the party with senator tom harken saying he and other democrats may block a deal. >> the deal must be one that favors the middle class, the real middle class. >> reporter: some lawmakers are frustrated there's still no bill up for a debate. >> senator reid should put a bill mon the floor, let the americans see it not another deal made behind closed doors. >> reporter: another sticking point, how long to delay the sequester. pres
ABC
Dec 28, 2012 11:00pm EST
are waiting to hear if there's a deal in washington. tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people can't do their jobs. >> reporter: harry reid and mitch mccono agreed to spend the weekend working on a fall back plan that can pass both chambers of congress. >> some people will not like it, but that's where we are. >> reporter: president obama is pushing for a stop gap measure that would at least avoid tax increases on people earning less than $250,000. frustration is growing. a simple stop gap percent is not what men -- measure is not what many in washington hoped for. many blame president obama for the collapse of a bigger deal that would reduce spending and cut
ABC
Dec 28, 2012 4:00am EST
with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massiv
ABC
Dec 27, 2012 2:35am EST
one is avoiding the fiscal cliff. >> unless the president obama and congress can reach a deal by the new year, tax increases and spending cuts will take deep effect. >> president obama's re-election was one of the biggest political stories of the year. >> with the first of our year enders, here's abc's karen travers. >> reporter: president obama had to overcome a well funded opponent, struggling economy and voter doubts that he had the right agenda to turn the nation around. and after a roller coaster season, he got them. mitt romney may have started off at the front runner, but to win the republican nomination, he had to fend off some feisty challengers. >> he's the worst republican in the country to put up against president obama. >> reporter: and overcome some self-inflicted wounds. after 50 primary contests, romney clenched the nomination and it was on to the general election. >> it will be a choice between -- >> two very different paths. >> reporter: their battle focused on the economy. >> we can't afford another four years like the last four years. >> we need more tax cu
ABC
Dec 31, 2012 5:00am EST
. >>> less than 24 hours away from going over the fiscal cliff. lawmakers are no closer to a deal wrangling over the last minute legislation to avert the cliff and president barack obama called for immediate action that there was no vote in the senate. majority leader, harry reid says lawmakers negotiated through the night and expected to come together around 11:00. if congress doesn't agree, spending cuts will go in to effect and we will pay more taxes. the impact is more than $3400 in a year. >>> she was supposed to return to work this week, instead, secretary of state, hilary clinton is in the hospital. treated for a blood clot that resulted after a fall earlier this month. >> reporter: hilary clinton was admitted to new york presbyterian hospital with a blood clot from a concussion she suffered several weeks ago. he doctors discovered the clot earlier in the day during a follow up exam. no details of where the clot is or other concerns have been releasede first time clinton has been diagnosed with a blood clot. in 98 she was admitted for a clot behind her right knee. the 65-year-old had
ABC
Dec 26, 2012 6:30pm EST
obama is cutting his christmas vacation short to try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give her a long rope. you know, and there is monitoring, because we have rules, but monitoring may be, you neve
ABC
Dec 24, 2012 5:30am EST
. >> president obama says that he will cut his holiday vacation short and try to hammer out the deal with congress. law makers are expected to return to washington later on this week to continue the negotiations. >>> well it's christmas eve and guess what, not everybody has done their christmas shopping. as i am suspecting you are the ones guilty of this. our floor director here a woman, she says she has not finished either. so if you are one of those procrastinators, you are not alone. millions of people are expected to hit the stores. abc2 news linda so is live this morning at the mall in columbia with those last-minute shoppers. i can't believe so many people wait so long linda. >> reporter: i know. i guess it's exciting for them. i don't get it i was done on black friday and i am not bragging but again some people like to shop under pressure. you know macy's and the mall in columbia here they are helping people out. those who have waited this long. the major anchor stores here at the mall will be opening at 7 this morning and macy's j.c. penney's and nordstrom's opening at 8 and
ABC
Dec 24, 2012 6:30am EST
now over to you. >>> bleak tone from some in congress on reaching a deal with white house to avoid the fiscal cliff. with one week to go president obama and congress are on christmas vacation. it will be thursday before talks resume to prevent automatic tax hikes and spending cuts taking effect january 1st. on friday, speaker boehner and the president left town with no deal each making a parting pitch. >> we have asked leaders of congress to work towards a package preventing a tax hike on middle class americans protects unemployment insurance for two million americans, and lace the ground work for further work on both growth and deficit reduction. >> the president's solution of raising tax rates would be red ink as far as the eye can see. and it would hurt jobs. >> if congress fails to reach any agreement in con-- income tax rates will go up on about everybody on january 1st. unemployment benefits will expire for many as well. >>> the u.s. senator arrested for driving under the influence says he is "deeply sorry" for what happened. police say that michael crapo was pulled over earl
ABC
Dec 30, 2012 6:00pm EST
-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night imemployering congressional leaders to take action immediately. >> the american people are not going to have any patience fora i politically self-inflicted wound to our economy. >> reporter: with that harry reid and mitch mcconnell launched a latch-dimp effort to craft a bipt plan to that stop the tax hike going into effect on new year's day. they negotiated all day saturday. saturday night there was an offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> the morning's optimism turned into the afternoon's pessimism. the senate opened for business at 1:00 p.m. with the ominous prayer from the chaplain. >> look with favor on our nation and save us from self-inflicted wounds. >> reporter: soon democratic leader reed acknowledged he had not been able to make a counteroffer to republicans. >> it's ju
ABC
Dec 24, 2012 4:30am EST
. congress took a break without signs of a deal being close to being reached. lawmakers took to the sunday talk shows to blame one another. here's the latest on the showdown. >> reporter: some republican lawmakers say president obama want country to fall off physical cas cliff. >> we -- physical cas cliff. >> we are going to go over -- fiscal cliff. >> we are going over because that's what the president want. >> reporter: john boehner failed to get enough votes for the plan b on thursday raising taxes on people earning more than a million dollars a year. on friday, speaker boehner and the president left town with no deal making a parting pitch. >> i asked leaders of congress to work towards a package that prevents a tax hike on middle class americans protects unemployment insurance for 20 million americans and lays the groundwork for further work on both growth and deficit reduction. >> the president's solution of raises tax rates would be red ink for as far as the eye can see. and it would hurt jobs. >> reporter: the partisan bickering put the country on the brink of a potential economic
ABC
Dec 27, 2012 4:30am EST
he was treated for bronchitis and a cough. >>> president obama has cut short his vacation to return to washington where he is going to try to hammer out a deal with republicans to avoid sending the economy over the fiscal cliff. charlie's at the live desk right now this morning with more on the battle ahead for both sides of the debate. charlie the 11th hour. >> the future, the immediate future of our taxes hang in the balance. the president and house republicans are now set to square off once more to cut a deal. with just five days remaining before the tax hikes and departmental cuts take effect. before christmas house republicans failed to pass the alternate plan instead placing the responsibility on president obama and senate democrats' shoulder. according to the "washington post" gop leaders vowed to go into session to vote on anything the democratic controlled senate approved. however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's
ABC
Dec 27, 2012 4:00am EST
. >>> now, to the fiscal cliff. still looming large as president obama returns to the white house this morning. the president cut short his christmas vacation in hawaii to get back to washington. congress will be in session today, amidst fading hope that a deal could be reached by the new year. no agreement would mean spending cuts and historic tax hikes for virtually every american. >>> officials in newtown have a message for people who want to send gifts to the grief-stricken town. please don't. they say gifts have arrived in such numbers, they overwhelmed the small community's ability to process them. a fund established after the shooting to support newtown has grown to $3.5 million. >>> meanwhile, hundreds of schoolteachers plan to attend firearms training today in salt lake city. the 200 teachers come from districts across utah. they have volunteered for the concealed weapons training. organizers say in past years, only a few dozen teachers attended the training. they're expecting an overflow crowd because of this month's tragedy in newtown, connecticut. >>> west webster volu
ABC
Dec 26, 2012 5:00pm EST
. president obama and congressional leaders are cutting their vacation short to be back in washington but it's not clear whether a last-minute deal can be reached. >> i don't want to go over the cliff. >> middle class people will have their taxes go up an average of $2,000 a career and we should start making meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>> starbucks has come up with a democratic way for people to send a message to washington. the coffee giant is asking the stores to write the words come together on all drinks served tomorrow and friday. >>> well, they invested in a finance company owned by a now infamous baltimore insurance pitch man. now that hal katz business has gone belly up, they're out of luck. investigators continue digging into the story we first brought you in october. some lost college funds, life savings after funding one of katz' companies. >> it's not just a miss proargs of money -- misappropriation of money but a lack of trust. >> how many millions are mis
ABC
Dec 26, 2012 6:00am EST
vacation is cut short for president obama. he plans to leave hawaii tonight to return to washington d.c. tomorrow to work on a fiscal cliff deal before the year ends. house and senate members are expected to reconvene that day without an agreement automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >>> some places, even here in maryland, got an unexpected white christmas. >> yeah. but certain places that never see snow got a a real taste of it. we're going to tell you how despite traffic tieups like this people were making the best of it. >>> and chips, soda, condoms, where high schoolers in one district when they come back from their break, they're going to see a lot more in the school developing machines. >>> get started now. your resolution, get a head start, we have you covered. >>> i'm mike massco. down to the south and west we go. it's starting to snow. we're going to see a burst of snow this morning, but a big changeover to rain. we'll have the forecast coming up. >>reporter: mike, no del
ABC
Dec 26, 2012 6:30am EST
and no charges have been filed. >>> 6:47 right now. christmas vacation is cut short for president obama. he plans to leave hawaii this evening to return to washington d.c. tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium is set to open in ocean city in 2014. it's going to be located at the ronald e. powell convention center. construction is set to begin in the fall on the $14 million project. >>> well, some netflix customers not too ha
ABC
Dec 27, 2012 6:30pm EST
tonight. >> reporter: president obama cut short his hawaii vacation, running back to washington, where storm clouds, real storm clouds, are gathering over the capitol. instead of deal making, it's name calling. the top democrat in the senate, accusing the republican speaker of the house of running a dictatorship. they say they haven't given up, but it sure sounds that way. >> i don't know time wise how it can happen now. >> here we are, once again, at the end of the year, staring at a crisis we should have dealt with literally months ago. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteac
ABC
Dec 26, 2012 4:00am EST
tornados. mobile, alabama, appeared to be the hardest hit with major damage downtown. >>> president obama is cutting short his vacation to head back to washington to try to reach a compromise on the fiscal cliff. congress will also return from its holiday break. >>> you'll see great deals today at the stores. preholiday sales were disappointing this year. so, now, many retailers are stuck with the inventory they need to clear out. >>> and looking at today's weather. rain along the west coast. snow in the mountains. cold in the center of the nation is, with blizzard warnings in seven states. heavy rain in the northeast. >>> and finally, the most unlikely of christmas gifts. and we know this one isn't being returned today. that's simply because it's the family's dog. >> this is such a heartwarming story. it was stolen from a street in new york city. now, thanks to good samaritans the dog is back home. andy seal of wabc reports. >> oh, yes. >> reporter: angie estrada and her daughter, mia, never thought they would see their dog, marley, again. >> he's so fluffy. and he's so adorabldorable. i
ABC
Dec 27, 2012 5:00am EST
with an agreement to avoid going over the fiscal cliff. president barack obama is on his way back to washington from his vacation -- he's expected to arrive in d.c. later this morning. congress is back in the nation's capitol trying to hammer out a deal. congressional officials say they don't know if any significant strides toward a compromise will take place. or going to happen before new year's and without an agreement automatic tax increases for everyone and deep spending cuts especially to defense. they go intoe penalty in 2013. the main dispute remains over taxes. who should be taxed? and when. >>> well, people may be mixed on the feelings for president obama. his wifes seems to have no problem charming the public. according to a new poll released yesterday the first lady has a 73% approval rating. secretary of state hillary clinton also pretty popular with 66% approving of her job performance. a little more than half of the people asked feel that both president obama and vice president joe biden are doing a good job. >>> just a few hours you will be able to gamble any time of the day that you
ABC
Dec 29, 2012 8:00am EST
. senators working on an 11th-hour deal to try to avoid middle-class tax hikes and deep spending cuts that go into effect on the 1st of the new year. president obama is pushing lawmakers on both sides of the aisle to reach an agreement. >>> and help may be on the way for victims of hurricane sandy. the senate approved a spending bill worth $60 billion. the measure heads to the house where some republican lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and finally, talk about living on the edge. in massachusetts, several homes on plum island are in danger of plunging into the atlantic ocean. thursday's storms and pounding waves are threatening their foundations. two houses are said to be so unstable the homeowners can't even get inside to retrieve their belongings. >>> n
ABC
Dec 26, 2012 7:00am EST
away from the white house. but president obama is cutting short his christmas vacation. he is leaving hawaii tonight, so he can be back in washington when congress reconvenes tomorrow. and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. lawmakers are expressing little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their service. >>> and this morning, the taliban is claiming responsibility for a suicide bombing at a major u.s. base in eastern afghanistan. three afghans, including a guard at camp chatman were killed in today's explosion. >>> back here at home, former major league baseball player andruw jones is free on bail this morning. he was arrested near atlanta early christmas morning on a battery charge, after police responded to a call about a domestic dispute with his wife. >>> and netflix, they are apologizing for a christmas outa
ABC
Dec 28, 2012 7:00am EST
. president obama has called the top congressional leaders to the white house this afternoon, for the first talks in more on a month. but hope for a new deal is fading. the senate majority leader is accusing the speaker of running a dictatorship if there's no deal within four days. just about every american will see their taxes go on up. >>> and this morning, more snow is threatening to make holiday travel difficult for millions of americans. as sam has been telling us, snow is falling across the upper midwest and will be moving into the northeast tomorrow. meantime, the recovery from the last storm is just beginning. 135,000 homes and businesses still without power in arkansas alone. many of them could be in the dark through next week. >>> and this morning, russian president vladimir putin has signed a highly controversial bill which bans americans from adopting russian children. dozens of pending adoptions now frozen, even cases where children -- this is heartbreaking -- were just days away from moving to the united states. russia banned the adoptions in retaliation for a new u.s. law tha
Search Results 0 to 21 of about 22